Global Data Center Liquid Cooling Market Zooming 4.6X to Cross USD 21 Billion by 2030

Published | 12 December 2024

Global Data Center Liquid Cooling Market is thriving due to growing data traffic, rising demand for energy-efficient cooling, increasing deployment of high-performance computing, and advancements in liquid cooling technologies.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Global Data Center Liquid Cooling Market size by value at USD 4.6 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Global Data Center Liquid Cooling Market size to expand at a robust CAGR of 27.6% reaching a value of USD 21.3 billion by 2030. Global Data Center Liquid Cooling Market is driven by increasing data center energy consumption, the need for efficient cooling solutions, and the growing demand for high-performance computing. Liquid cooling offers better heat management, reduces energy consumption, and enhances overall system performance. Additionally, the expansion of cloud computing, big data analytics, and AI workloads contributes to the market's growth. Environmental sustainability concerns and advancements in cooling technologies further support the adoption of liquid cooling systems in data centers.

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Opportunity - Increasing Focus on Sustainability

The growing emphasis on sustainability is a key driver of Global Data Center Liquid Cooling Market. As data centers consume substantial energy and contribute to carbon emissions, there is an increasing shift toward energy-efficient cooling solutions. Liquid cooling technologies help reduce power consumption, lower operational costs, and minimize environmental impact. This focus on eco-friendly practices aligns with corporate sustainability goals and regulations, boosting the adoption of liquid cooling systems in data centers worldwide.

Impact of Escalating Geopolitical Tensions on Global Data Center Liquid Cooling Market

Escalating geopolitical tensions could impact the growth of Global Data Center Liquid Cooling Market by disrupting supply chains, especially for critical components like cooling systems and refrigerants. Trade restrictions, sanctions, and political instability may hinder the procurement of technology and raw materials, increasing costs. Additionally, regional tensions could delay infrastructure projects, impacting market growth. However, demand for efficient cooling solutions could rise as data centers look to enhance energy efficiency, mitigating some of the negative effects.

Server Cooling Segment Leads Global Data Center Liquid Cooling Market

The server cooling segment holds the largest share of Global Data Center Liquid Cooling Market. This dominance is fueled by the significant heat generated by servers as data processing demands increase, making efficient cooling solutions essential. Server cooling is crucial for maintaining peak performance and reliability in data centers, particularly with the growing need for computing power driven by advanced applications, such as AI, IoT, and cloud computing. Additionally, the segment's expansion is bolstered by the increasing use of high-density servers and the push to minimize energy consumption and reduce the carbon footprint in data center operations.

Competitive Landscape

Global Data Center Liquid Cooling Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include Vertiv, Schneider Electric, Airedale International, STULZ, Rittal, LiquidStack, Submer, CoolIT Systems, Green Revolution Cooling (GRC), Iceotope, and Delta Electronics. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in Global Data Center Liquid Cooling Market.

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The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Data Center Liquid Cooling Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Data Center Liquid Cooling Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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